State to collect €530m if college fees are revived

“The re-introduction of third-level fees for families earning at least €120,000 a year could generate as much as €530m a year, according to a study commissioned by the Department of Education. The analysis was made by a leading economist who was asked by the Minister for Education Batt O’Keeffe to review what returns the Government would make from charging fees at various income brackets. Predictably, the findings showed that the lower the income threshold the greater the revenue generated for the State. Dr Noel Woods, an economist at University College Dublin, calculated the potential revenue based on three income brackets …” (more)

[Maeve Sheehan, Independent, 14 September]

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